1-bed · 340 sqftVera Residences, Business Bay · 14th floor · completed 2022

1413, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1413 · DLD and Ejari recordsUpdated 2 August 2026

Last soldAED 700K14 October 2024

Current rentAED 55K /yr2 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1413, Vera Residences

Today

What is 1413 worth today?

Last sold for AED 700,000 in 2024

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2 Aug 2026

2 Aug 2026RentedNew contract

AED 55,000/yr12 months · AED 113 per sqft

7 Apr 2025

7 Apr 2025RentedNew contract

AED 80,000/yr12 months · AED 165 per sqft

14 Oct 2024

14 Oct 2024SoldReady

AED 700,000AED 2,061 per sqft

10 Sep 2024

10 Sep 2024RentedNew contract

AED 84,000/yr6 months · AED 173 per sqft

6 Sep 2023

6 Sep 2023RentedRenewal

AED 70,000/yr12 months · AED 144 per sqft

6 Sep 2022

6 Sep 2022RentedNew contract

AED 65,000/yr12 months · AED 134 per sqft

7 Feb 2018

7 Feb 2018Sold by developerOff-plan

AED 728,000AED 1,533 per sqft

Source: Dubai Land Department. Updated 2 August 2026.

Key facts

Type: 1-bed apartment
Size: 340 sqft
Floor: 14th of 28
Parking: P3-110
Developer: DAMAC
Completed: 2022
Service charge: AED 7,500 /yr
Last sold: AED 700K · October 2024
Building: Vera Residences

About 1413, Vera Residences

1413 is a one-bedroom apartment of 340 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. It last sold on 14 October 2024 for AED 700,000, or AED 2,061 per sqft, 6% below the AED 2,181 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 2 August 2026, is AED 55,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 7,500 a year.

Sales and rents for 1413 over time

Sales

Unit 1413, each saleTypical one-bed in Vera Residences

1413 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1413, each contractTypical one-bed in Vera Residences

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vera Residences, and where 1413 sits

All 293 1-beds →

1-beds in Vera Residences · last 12 months2,225 /sqft Vera Residences · all types2,097 /sqft

1413 last sold in October 2024 at AED 2,061 per sqft, 6% below what one-beds in Vera Residences were fetching at the time (AED 2,181). Over the last 12 months one-beds sold for AED 940,000 to 1,254,000, around AED 2,225 per sqft, and rent for AED 29,219 to 140,000 a year. 1413's AED 55,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	475 sqft	940,000	1,979
16 Oct 202616 October 2026	474 sqft	1,000,000	2,107
19 Aug 202619 August 2026	513 sqft	1,254,000	2,445
18 Aug 202618 August 2026	513 sqft	1,141,000	2,225

13 1-bed sales in the last 12 months

Vera Residences

Building

522 apartments, studios to 2-bed over 28 floors in Business Bay, completed in 2022 by DAMAC. 25 sold in the last 12 months.

Typical price per sqft: AED 2,097 Down 4.6%
Typical sale: AED 1.2M
Typical rent: AED 82K /yr
Typical yield: 6.1%

Vera Residences, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 522 units in Vera Residences


1401	2-bed	900 sqft	AED 1.31MAED 1,313,000 · Jul 2018July 2018
1402	2-bed	890 sqft	AED 1.24MAED 1,238,000 · Feb 2018February 2018	88,000 /yr
1403	1-bed	513 sqft	AED 1.3MAED 1,300,000 · Jan 2024January 2024	75,000 /yr
1404	2-bed	908 sqft	AED 1.02MAED 1,020,000 · Aug 2022August 2022	103,000 /yr
1405	2-bed	905 sqft	AED 1.21MAED 1,205,000 · Feb 2018February 2018	85,000 /yr
1406	2-bed	900 sqft	AED 1.2MAED 1,197,000 · Apr 2018April 2018	82,000 /yr
1407	2-bed	902 sqft	AED 1.55MAED 1,546,373 · Sep 2026September 2026	114,000 /yr
1408	2-bed	899 sqft	AED 1.48MAED 1,475,000 · Oct 2025October 2025	120,000 /yr
1409	2-bed	908 sqft	AED 1.29MAED 1,290,000 · Apr 2018April 2018	120,000 /yr
1410	1-bed	479 sqft	AED 794KAED 794,000 · Jul 2018July 2018	70,000 /yr
1411	1-bed	477 sqft	AED 725KAED 725,000 · Feb 2018February 2018	86,250 /yr
1412	1-bed	476 sqft	AED 723KAED 723,000 · Feb 2018February 2018	58,000 /yr
1414	1-bed	479 sqft	AED 738KAED 738,000 · Feb 2018February 2018	60,000 /yr
1415	1-bed	478 sqft	AED 850KAED 850,000 · Feb 2023February 2023	77,000 /yr
1416	1-bed	475 sqft	AED 750KAED 750,000 · Dec 2022December 2022	70,000 /yr
1417	1-bed	475 sqft	AED 753KAED 753,000 · Feb 2018February 2018	90,000 /yr
1418	1-bed	475 sqft	AED 753KAED 753,000 · Feb 2018February 2018	89,751 /yr
1419	1-bed	475 sqft	AED 753KAED 753,000 · Jun 2018June 2018	65,000 /yr
1420	1-bed	474 sqft	AED 777KAED 777,000 · Feb 2018February 2018	85,000 /yr
1421	2-bed	905 sqft	AED 1.24MAED 1,239,000 · Apr 2018April 2018

1–7 of 20

1413, Vera Residences in numbers

Sold twice: first on 7 February 2018 for AED 728,000, last on 14 October 2024 for AED 700,000 (AED 2,061 per sqft).
Rented since September 2022 on 5 Ejari contracts, from AED 65,000 to AED 55,000 a year.
At AED 55,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 7,500 a year (AED 22.04 per sqft).
One-beds in Vera Residences sold for AED 940,000–1,254,000 in the 12 months to November 2026; the building's median across all types is AED 2,097 per sqft.

Source: Dubai Land Department. Updated 2 August 2026.

Questions about 1413, Vera Residences

What did unit 1413 last sell for?

AED 700,000 on 14 October 2024: AED 2,061 per sqft for 340 sqft. The unit has 2 registered sales; the first was AED 728,000 in February 2018.

What is the rent for unit 1413?

AED 55,000 a year on the contract signed on 2 August 2026. The previous contract, from April 2025, was AED 80,000; the unit has been rented since September 2022.

How big is unit 1413?

340 sqft (31.6 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1413 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 940,000 to 1,254,000 in the last 12 months, around AED 2,225 per sqft.

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Mortgage on 1413, Vera Residences

Starts from the last sale price (AED 700K, 14 October 2024). Switch to today's estimate once you have unlocked it.

Price: AED 700,000
Deposit, UAE resident (20%): AED 140,000
Deposit, non-resident (40%): AED 280,000
Monthly over 25 years at 3.7%: AED 2,864

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →